Abstract

The report finds that global mobile phone market volume reached 1.96 billion units in 2017, similar to that in 2016. Although the smartphone shipments in China declined in 2017 for the first time, the global smartphone market still managed to grow at 3.4% in 2017, taking up 78.4% of the total mobile phone market. On top of that, the smartphone's global share is forecast to top 80% in 2018. MIC predicts the global smartphone market will benefit from 5G since 2020 and the its global volume will reach about 1.9 billion units in 2022, representing a 4.1% CAGR (Compound Annual Growth Rate) for the period 2017 to 2022.

This report provides an update of worldwide mobile phone market forecast for the period 2018-2022, with breakdowns by price trend and by operating system.

It also examines mobile phone market volume and market share by the world's main regions, including North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, China, and Asia Pacific (including Japan).

Market Intelligence & Consulting Institute, headquartered in Taipei and with a research network spanning across Asia, is ideally positioned to provide the intelligence, insight, and unique perspective necessary for our clients to make winning decisions. In a dynamic ICT environment filled with global perspectives, it is regional insight that uncovers nascent trends and untapped opportunities -- regional insight that stands at the core of MIC's research.